Victory Select Fund Probability of Future Mutual Fund Price Finishing Over 29.34
| VFSAX Fund | USD 29.22 0.06 0.21% |
VICTORY |
Victory Select Target Price Odds to finish over 29.34
The tendency of VICTORY Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over $ 29.34 or more in 90 days |
| 29.22 | 90 days | 29.34 | about 88.01 |
Based on a normal probability distribution, the odds of Victory Select to move over $ 29.34 or more in 90 days from now is about 88.01 (This Victory Select Fund probability density function shows the probability of VICTORY Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Victory Select price to stay between its current price of $ 29.22 and $ 29.34 at the end of the 90-day period is under 4.
Assuming the 90 days horizon Victory Select has a beta of 0.47. This entails as returns on the market go up, Victory Select average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Victory Select Fund will be expected to be much smaller as well. Additionally Victory Select Fund has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Victory Select Price Density |
| Price |
Predictive Modules for Victory Select
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Victory Select. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Victory Select Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Victory Select is not an exception. The market had few large corrections towards the Victory Select's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Victory Select Fund, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Victory Select within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.09 | |
β | Beta against Dow Jones | 0.47 | |
σ | Overall volatility | 0.57 | |
Ir | Information ratio | -0.2 |
Victory Select Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Victory Select for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Victory Select can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Victory Select generated a negative expected return over the last 90 days | |
| The fund generated three year return of -2.0% | |
| Victory Select keeps about 7.76% of its net assets in cash |
Victory Select Technical Analysis
Victory Select's future price can be derived by breaking down and analyzing its technical indicators over time. VICTORY Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Victory Select Fund. In general, you should focus on analyzing VICTORY Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Victory Select Predictive Forecast Models
Victory Select's time-series forecasting models is one of many Victory Select's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Victory Select's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
Things to note about Victory Select
Checking the ongoing alerts about Victory Select for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Victory Select help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Victory Select generated a negative expected return over the last 90 days | |
| The fund generated three year return of -2.0% | |
| Victory Select keeps about 7.76% of its net assets in cash |
Other Information on Investing in VICTORY Mutual Fund
Victory Select financial ratios help investors to determine whether VICTORY Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in VICTORY with respect to the benefits of owning Victory Select security.
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